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$ 939,900
Est. payment /mo
Active
5733 Bossen TER Minneapolis, MN 55417
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Novaks Add
MLS Listing ID 7003036
Year Built 1963
Annual Tax Amount $13,014
Tax Year 2025
Contingent None
Lot Dimensions 34x34x154x67x152
Property Description
*GROUP SHOWING AVAILABLE 1/22 FROM 1-2PM** Fantastic 8-unit multifamily investment opportunity in the heart of South Minneapolis—perfect for first-time investors looking to launch their portfolio or seasoned investors seeking to add a value-add property with strong upside. Current rents are well below market, offering immediate potential to increase cash flow through strategic updates and rent adjustments. The property is ideally located with quick access to major highways, making commutes throughout the Twin Cities a breeze, and is just minutes from MSP International Airport. Residents will love the proximity to neighborhood parks, local shopping, and some of South Minneapolis' most popular restaurants and cafés, creating strong long-term rental demand. With solid fundamentals, an excellent location, and untapped income potential, this is a rare opportunity to acquire a multifamily asset in one of Minneapolis' most sought-after rental markets. Don't miss the chance to secure a property that offers both stability and growth.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Radiant
Cooling Wall Unit(s)
Flooring Carpet, Tile
Inclusions Building
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot
Fence None
Pool None
Utilities Available Electric Common, Heating Separate, Hot Water Separate
Roof Type Asphalt
Present Use Residential
Building
Story Two
Foundation 3683
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Danni Hu • Keller Williams Premier Realty Lake Minnetonka
NEARBY SCHOOL & BUSINESS
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